New construction pricing is often presented by the square foot or by the number of rooms in a home. This type of pricing provides consistency for real estate marketing purposes, but is a reflection of the average cost of building various styles of homes in a given location.
A noncorporate business whose owners actively participate in the organization's management and are protected against personal liability for the organization's debts and obligations. The limited liability company (LLC) is a hybrid legal entity that has both the characteristics of a corporation and of a partnership. An LLC provides its owners with corporate-like protection against personal liability. It is, however, usually treated as a noncorporate business organization for tax purposes.
From Wikipedia, the free encyclopedia. In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company.Limited companies may be limited by shares or by guarantee.rom Wikipedia, the free encyclopedia. In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company.